record close on the dollar above 16,000, guess again. normal behavior would be a fullback but no pullback friday. the dow jones industrial average poised for another record close. if you are invested in stocks it would make a two record closes in a row, three this week alone and the most astonishing of all, 41 record highs this year. think of that. win was the last time you vested your last record at anything 1 to 2 times, the s&p 500, much broader sense of how the market is doing as it considers 1798 and we are just about there. it will be a record, only the first for the week but the 37th for the year. don't ignore the russell 2,000, small stocks on the screen, just need to close above 1121 for 60th new record. back to the dow, look at what is

going higher. these are widely held stocks that if you don't own directly you like we do in your 401(k) or mutual-fund or pension. somewhere in your portfolio, big bold machines like boeing, walmart, johnson and johnson, mcdonald's. and down the road you see decent gains of up to 2%. we have big mergers and acquisitions. is it news? could there be a new marriage in the works? time warner cable getting a boost following a report that charter communications is kicking up a sweet proposal but there's also theequestion of comcast jumping in. nicole: a multi player deal. let's see what is going on. time warner cable moving to highs today. time warner cable shares have been jumping as the wall street journal reported late thursday yesterday it that charter communications was prayer preparing to make a bid, and

there's another story brewing, time warner has reached out to comcast and that is to try to head off of it, from charter communications. keep an eye on all three. there's turner communications also higher, 5% at 13383 so this is a story that has just begun. end we will continue to follow it. time warner jumping as well. nicole: it must be a cool day down there. liz: record-breaking right and left for the market. can it continue? let's bring in the traders who are watching the flows, making markets, cme group, nynex, john corder tina, we would have expected even a slight pullback after yesterday's historic taos 16,000 but yet we didn't. to what do you attribute that? >> perfect opportunity to take some risks, short-term profits off the table and we are not seeing that.

that is telling me that the sellers are happy the way the market is going and we are seeing market risk come off of the table but when they make sales over the last three weeks they have been wrong and also telling me the cash we have been talking about on the sideline continues to roll into this market. it is compounding over and over again. the buyers are buying leapfrogged to get into this. it is a short week, holiday week, maybe little volatility with less volume and we get into december. time is running out to put money into this market so we're seeing that action played too. cheryl: we cannot ignore on a day when equities are soaring what is happening in the treasury world. i was looking at the ten year yield. was near a two month why and bargain hunters came in. we saw it come down a bit with the 2.76 coming down more, 2.75. what is happening in the

treasury world? >> we are starting to think about what is the next fed meeting going to do, november employment numbers going to look like? that is what is going on. but that is standing fast until 2014 and i am not thinking it is the beginning of 2014. they need to see numbers. they are economically driven. interest rates especially the ten year is where the sensitivity is, where traders are watching things. the bond market, a different game. if you watch the deal, you are seeing that they never so much but the ten year, lots of action, people are going flat in the market at this point and it is all stocks. people are rotating out of the bonds and going more and more into the stock market. they missed it and any pullback is getting bought. liz: oil above $90 a barrel and there was a story of something off line and suddenly conversations with iran about how they are going to handle

their oil. iran is losing $5 billion in oil sales, they are hurt by sanctions. why am i even talking about this commodity? suddenly we have gasoline going higher by several pennies over just a week going into thanksgiving. does this crimped the consumer? >> the products have rallied quite high. that is not good news for the consumer but i don't think crude oil has much higher. it will come off pretty hard. it looks like it is toppeding out. we have a big resistance above the market so crude oil coming up i think we see the products come up too and i also don't think we will have that cold a winter and if we don't that will make heating oil come drastically. liz: i like to mention this because it matters to viewers and consumers but take a stab at this going into next week and spin it forward to december.

will we see a santa claus rally when we see a pre turkey rally here? >> we will have a combination rally. the year end rally we normally see and the notepaper rally will continue. i believe the fed is not ready to make a move. they need more information, they need more numbers and janet yellen has to be in office at least a solid month or two before she makes the first-ever important move, her first move is what she is known for. liz: look at these dips on the isn't the 500 we have on the screen, those were your chances. those were your chances to get in. if you listen to our traders who are on screen now the fact is those were opportunities. don't miss them the next time. have a good weekend. a lot of hanukkah shopping. for the first time since the back of these were fighting it is falling on thanksgiving day.

filibuster rules could pave the way for big changes at fannie mae and freddie mac, government-backed mortgage giants. peter barnes joining us from capitol hill. he brought us the headlines. what is the texture of the story that matters to our investment viewers? >> the president nominated a democratic congressman to run the federal housing finance agency which is the regulator of fannie mae and freddie mac. fannie and freddie alone or in short $10 trillion in mortgages and $87 billion taxpayer bailout back when the housing market crashed in the financial crisis. republicans blocked the nomination last month. they were concerned this even term congressman didn't have enough experience in business and finance to run the $4 trillion agency. they also feared he would push more loan forgiveness and mortgage refinancings at fannie

and freddie, something that the administration has favored but which critics say could cost the taxpayers even more money but now it looks like there will be another vote in the senate and is likely to get the job thanks to the changes in the confirmation rules. >> it works when we can get somebody confirmed to had an agency that has an important role to play when it comes to empowering and helping responsible homeowners and reforming the gsps. >> an analyst for hype research speculates they could cap the t.a.r.p. bailout fund for additional money, taxpayer money to help more struggling homeowners with their mortgages, $20 billion in unused money in the t.a.r.p. fund. you thought t.a.r.p. was gone. there is still money left over there, in particular to help

struggling homeowners but i want to point out to be fair fannie and freddie have made a fortune in the housing rebound, and are paid billions of dollars in dividends to the treasury pretty much equal to the $17 billion bailout. liz: thank you for our money back because treasury, that is our money. peter barnes, thank you very much, closing bell ringing in 50 plus minutes. the help shake company that can't be shaken even as activist billionaire investor bill ackerman restates his case against herbal and says he will fight it out until the end. also something charlie gasparino has been crowing about for at least two days. what he said may confirm about what charlie has been warning you about and how herbal life is

reacting. he is not happy about it. and if you have walked into one of these gigantic, very cool stores and felt for a moment you might have walked into an apples or foreclosing that may be no accident. we are talking to the top executive based in america. find out what is in his secret file that enabled him to open ten stores in 12 months. hi honey, did you get e toaster cozy?

yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex.

liz: the power mover of the hours fresh market, plunging 18%. you see it is at $49.29 after the company cut full-year guidance. we have seen some companies do this in retail but the fresh market company boosted third quarter profit. analysts were not impressed because they were almost swamped by the fact the outlook wasn't good. don't like how fast the company is expanding. we will see if holiday food shopping will give the girl left. could be a buying opportunity. it is like a casino. we are in the midst of the holiday gift season and you should consider maybe putting this retailer -- what am i holding here? whig 2 you see what is in it.

it is made by japanese clothing company uni qlo. it is hard to walk by one without doing a double take because they're bright and light and airy and fashion forward. we will show you these wars because they are almost reminiscent of apple stores from retailer, expanding across the u.s. adding ten stores in just two months. these are not middle boutiques, they are gigantic stores. how do you do that? what is next for uni qlo and how will the retailer win the hearts of american shoppers? joining me in a fox business exclusive, larry mize air of uni qlo. you are in a way one of our first when it comes to prepping our viewers for retail spending and certainly the stocks that may be helpful. this is a japanese company and it is japan's fast retailing group. the fourth largest in the world when it comes to retail. welcome to the show. people might not recognize this

but they will recognize what is stuffed into it. it is all on our table. anyone who walked past and uni qlo -- this is one of your key pieces. >> we spent years developing it, making it lighter and warmer. i am impressed when i first came to uni qlo. the conversation is not about fashion but how to make function better to make customers happy. >> that retails for $89 depending on the size. >> $69 and we have it on our online shop as well as all of our stores. liz: hound you keep the price point that low? uni qlo is known as being the high end, the gap of high end. this is what your own would like to be. high end basics like gap. >> we do a couple things. we focus on narrow range of

product, put a lot of science into our products. keeps you warm, feels good n you. and it sells under $15. liz: those are the jackets, and if we can to this part here. >> ten years in development. every year gets a little better paula all later. liz: they are long underwear. >> you can wear them outside. they are comfortable, colorful and they keep you warm. the product, the prices, everyday low pricing philosophy, we always make clothes, the goal is to make your life easier and better and to do that we give great product and keep our

prices low. liz: how do you open ten stores in two months, they are almost anchor mall stores. >> it is about getting the right organization, the right people. we have hired quite a few people everyone of our stores, small stores have 50 to 70, the largest stores have 500 people in them and we spend a lot of time and energy training people. liz: people were very nice when i was trying to make a return especially an exchange. hits for the first time in a long time extraordinarily early, first day basically on thanksgiving day. did you get a sense of how the consumer is feeling? the health of the consumer? >> i always believe, i have been in retail longtime, about having the right service, the right

product, we have, i feel good about our product. when our customer, and they get great value. liz: it feels like a great apple store. >> there is science to uni qlo and technology and if you look at our stores we put a lot of technology into the stores, and we want to make our products that much better every year. liz: you are collaborating with a former super model who is very hip and hot. that is taking a page out of target where they hook up with the big designers. what is she going to do? >> she is going to give a state particular collection that we will be selling. liz: will you roll out here? shea is of classic french woman. >> you can take pictures. liz: these are for cold weather. how do you just seasonally?

>> we have a beaatiful spring line. we sell a lot of polo shirts, we have a sister of -- it will keep you cool therein the summer. liz: wonderful to see you. larry meyer, chief operating officer. great to have you. all squished into this little thing. closing bell in 40 minutes. activist investor phil ackerman will fight herbal life until the end of the earth. you are fighting a shake co. ddb leave this thing is not a viable business and he is shorting it losing money as he speaks but charlie gasparino has the latest on why he refuses, this is a brilliant billionaire, to admit defeat, costing him millions. it is the modern-day version of david versus goliath.

we are talking to the 19-year-old drop out from canada who thinks he can take on the big boys like nike, qualcomm and sony with his own smart watch, he says doesn't need a smart phone attached. (vo) you are a business pro.

maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above,nd still pay the

mid-size price. (aaron) purrrft. (vo) meee-ow, busine pro. meee-ow. go national. go like a pro.

liz: charlie breaks it. the story, that was fun. activist investor bill ackerman, the billionaire, still trying to take down herbal life renewing his claim the company is a pyramid scheme which today he was going to reveal information about the health shake company. charlie gasparino joins us with details you predicted. >> this is what is going on. lot of talk about -- we will get into it in a second. it was the robin hood conference. a conference where big investors go for new investment ideas and

a similar conference year-ago, all these conferences people talk about their ideas but raise money for charity and these things and bill ackerman announced his short position that he believes herbal life is a scam, a pyramid scheme, it will implode. it went down 34% since then and the stock is up 100% and after his comments, whatever he said his stock is up 6%. liz: is at 4-1/3. >> we don't know what he said, we were not invited, it was invitational yet he was supposed to come out with, quote, new information that didn't support his negative thesis. liz: what was it? >> fox business was told the new information will -- he withheld at a conference. c. didn't say that much, likely to make new information public

on monday. and in the middle of this stupidity, he has been building this up for weeks, shares of herbal life were up 6% and came back. he had nothing but apparently this thing on monday, we should point out that he also was asked either in an interview or mayor bloomberg about the stuff we have been talking about, potential the company could be taken private, he said if that does happen and obviously knows what is going on suggesting that it is in the water. liz: you broke the story. another big investor was interested. >> other large investors. the singapore investment fund was one of the names i heard. i should back out i did not get that confirmed that her from a reliable source doesn't matter who. i will tell you. >> they were quoting you.

>> i know that spirit in interest likes the company and likes to buy it. he had spoken in the last couple days by here is the interesting thing. if this thing gets taken private you take it private you can short the stock. his short position will be destroyed, losing a lot of money but he believes in his thesis so much that if this happens he will attack the company in another way by buying the credit default swaps, an insurance policy on its public debt would still be outstanding. make money on a credit default swaps the price goes up when the price of the bond goes down and people think you're going out of business, bond holders don't get repaid in bankruptcy a lot of times so they are last on the line depending on the class of bondholders so you buy an insurance policy on that bond, credit default swaps, it rises in value when the bond prices go down in the might go into

bankruptcy. he will be making his money if they go private he will be buying credit default swaps. liz: fight this until the end. >> he will do it through the credit default swaps if it is a private company. won't go away but keep attacking them in perpetuity until his last dying breath. reminds me of what is his name? liz: you don't fall in love with stocks. >> i agree with you. liz: you fall in hate. >> we ask him to come on a lot and he refuses. great investors, the buffets, the ace greenbergs who tell you you make your mistakes when you keep your position and don't throw in the towel. move to another investment and make money. cut your losses. you are not wedded to the stock for the position, you can move on and make money elsewhere. you have to look at the end

game. forget whether this is a pyramid scheme or not. i have my doubts that it is. i agree with some stuff about herbal life but don't know how to sell that many shakes. this is important. if you look at the odds of the two sides, carl icahn, and it is long, he thinks the government will shut it down. amid those two extremes, what is more likely to succeed? liz: carl icahn please >> forget whether it is the pyramid scheme. >> in the next three years, the government is going to shut this down. he held the stock, your odds of winning on and ackerman bets are low. that is common sense. liz: i'm like the shakes. 30 minutes away, record territory, and even a point

above where we closed that is the record. apple may have a new rival on the radar, it is only 19 years old. we talked to the tech superwhiz from up north, college dropout from montreal taking on the biggest names in tech. it is really revolutionary. with the new federal reserve share coming, could the fed tapering bond purchases sooner than expected, the consensus on the street in spring time, strategist going against the kurds say in january. he is here to tell you how to position your portfolio for that next.

liz: pandora slowing down the music, the internet radio co. following weaker earnings, let's go to nicole petallides on the floor of the stock exchange. nicole: some analysts looking at the financial forecast finding it a little complicated. that being said pandora is an unbelievable performer for 2013 and it is over 250% this year. right now pandora is down 2% at 29-12 but at one point it moved to $31.38 a share. the good news for pandora which was a decade old, seventy-one million users is the mobile lads. those are doing really well. they actually topped the $100 million mark for the first time, internet radio we are

talking about. the other thing is intense competition that we are familiar with, apple and all that. but how about spotify. if they raise money and raise $250 million that will be another story but in the meantime pandora is doing well on mobil ad revenue and more listeners and more hours listened by those listeners as well. cheryl: scottify was coming behind pandora. thank you very much. it started with the steel band and all the technology experts say where rebel technology is the next big thing. the business of tomorrow. paul jacobs showed me what is chip company is doing. >> we believe strongly in wearables. it is the next way you interact with your phone.

liz: they have this thing, we have a 19-year-old, dropout from canada, taking on the big boys in the world of smart watches including the 1 twenty billion plus market cap of qualcomm and 90 and samsung joining us in a fox business exclusive. simon, neptune computer founder and ceo. this certainly caught our eye. you have come out with something called the neptune high in. why is it different? why do you believe your is maybe better than what samsung has come out with? >> what is really different from our product is the fact that the pine is a stand-alone device which means you can do voice calls, text messaging, browse the internet and receive gps navigation without dependency on nearby smart phone. liz: keep it up here.

a slightly bigger screen than other smart watches that are out there. it does a lot. as you say it is not tethered to a smart phone. >> exactly. completely replaces it. is the gps? wi-fi? voice texting? >> all of that and bluetooth as well and it was chosen for the fact it really is going to support most of the android applications already existing sell hundreds of thousands of android apps are supported and also for video chatting and a full keyboard. liz: where are you manufacturing this? >> manufacturing is done mainly overseas in asia. development hasn't been here. liz: what technology? i believe it has a snapdragon in it. gigahertz. liz: how many do you have up there? how can people buy them?

>> we are producing 2.5 k, so two thousand five hundred units for the kick starter backwards. right now you can pledge on the cake starter page at discounted prices, the manufacturing final price would be 335 for the 15 gigabyte version and 335 -- liz: let me explain, this is your kickstart age where people can invest in your company. you opened monday night at 11:00, a kickstart opportunity, you expected 100 grand? you have $243,000 that people put in there. it jumped since we started putting together the notes. that is amazing. could you have done it without kickstart? >> probably yes but chances are slim. kickstart is a really great

platform, to launch new projects like the smart watch. liz: let me sh of touching the screen. i find that fascinating. now i am looking at it and i want to own this thing or i don't want it out there. at you been approached yet? >> i can't disclose much. liz: they can't even find you in montreal. tell me quickly what you would say if samsung came to you and said let us just take this off your hands? >> for me i really want to build my own company and i have a far more long-term vision for neptune. it always depends, i am going to stick with staying with my own

company. liz: good for you. the neptune computer founder and ceo living the dream, a beautiful product. we look forward when you are in town to come cialis in new york. thank you very much. is the neptune pine. it has been an exciting week in the market and from big business strategy to social media advice "countdown to the closing bell" has you cover. we were in maples and new york and here is what is worth repeating. >> with the strong labor market report a number of analysts brought up the consent of expectation all the way up to january in deegan december. it is my feeling they are going to wait until march unless we get a gangbuster holiday shopping season on top of this which i don't think will be that strong. the major reason for that is again, look at inflation. it is well bblow the target. >> i am a big believer.

you better have that first. when i looked at the bed, what they are doing i don't think they had an exit plan to support the economy so it is not a holiday exit. we welcome people -- the last three weeks we had multiple shareholders come to our offices, do their duty. >> it is a complete fabrication and a lie? >> absolutely. it is in our rearview mirror. >> the fact the we are always connected. on the plus side it means we can do business from anywhere so stay in touch with our family and friends. on the negative side we are constantly bombarded by information, e-mails, texts, facebook messages from people we haven't seen in years. liz: now you have simon's neptune the phone on your wrist waking you up in the middle of the night. we are all over itconnected.

closing bell ringing in 17 minutes. could be s&p, thousand. we are not that far. we have a strategist who thinks so but when? he will tell us after the break and how to invest around that and markets might close at 4:00 eastern time but i am always on call for you. i want you to do this. foxbusiness.com/oncall, sign up for liz claman on call, talk headlines of the day, biggest interviews and what you need to be watching, it goes directly to your smart phone, the most important 90 seconds of financial news delivered to your smart phone or smart watch. you really love, what would you do?" ♪ [ woman ] i'd be a writer. [an ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you

and what if that person were you? ♪ when you think about it, isn't that what retirement should be, paying ourselves to do what we love? ♪ paying ourselves to do what we love? if hey breathing's hard.me, ow the feeli? copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, or aeven eye drops.tate. if your breathingva and sesuddenly worsens,cal help your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine.

other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe betr. does breathing with copd weigh you down? don't wait to ask your doctor about spiriva. well, did you know that just one sheet of bounce outdoor fresh gives you more freshness than two sheets of the leading natial store brand? who knew? so, how do you get your bounce? th more freshness in a single sheet.

liz: we're looking at the 41st record high as the dow continues to move higher closing well above the 16,000 mark where we closed as janet yellen is closer to becoming the next federal reserve chair. a lot of people think she will continue ben bernanke's policies which will not take a bond buying purchases, very market positive. our next guest says this is closer than you think. don't fear it, work it. joining me is julian emanual, the u.s. equity and derivative strategist. great to have you here. you are the guy who figures out all the moving parts, what is going to happen and how to protect portfolios. when do you think capering happens? a lot of market experts say march. >> cbs is saying it will occur in january but regardless whether it occurs in january,

march or later in the year, the biggest message we have is 2014 is the year when economic growth and the return of corporate earnings power will take the baton from monetary policy as the main driver of higher marks. liz: you are not seeing a stumble. >> not all. we think the fed will be mindful of the incoming data over the next goldman sachs and will make the decision looking at a couple more months worth of data and go from there. liz: strategist turn in their 2014 year end targets but i would like to know your 2013 target, where it was and how close you hit it? >> it was 1750. we basically decided on that number prior to october 17th putting in a little rest for downside. liz: you undershot it a little. let's get to 2014. >> we are at 1950.

liz: i see 2015 possibly as well. that is a 100 point swing. >> that is the overshoot number. a lot of things could go right and quite honestly earnings are one of the things that really could look right. the third quarter was much more positive than we expected and that is an upside risk looking at next year. liz: earnings you expect to look at 5% or 6% and next year at 6%. what will get us there? >> it is across the board. more discipline, corporate management, revenue growth. absolutely. maintenance of what has been historically high margins. liz: we are through it, sectors. >> we like particularly financials, healthcare and

technology and financials we like particularly because it has been an ongoing restructuring story and there's a lot of operating leverage in the model. technology simply because the relative valuation is as cheap as it has been before the bubble burst in -- we think there are very significant demand tailwinds. liz: a lot of that has to do with affordable care, how there is expected to be demand but you are not worried because there was a lot of healthcare.gov such a mess but there might be a delayed reaction in demand? >> it is possible but the bottom line is president obama is committed to seeing this through. it will ultimately get implemented. it is the law of the land and you have the tail winds. we like to see the dentist baby boomer is about to turn 50 next year. liz: the supreme court upheld it. it was voted in, he was elected the second time.

it certainly was an ugly rollout but again if your believe is it will happen there you go down the road. what are you avoiding? >> we are underweight consumer staples, utilities and telecom. essentials the growth head winds, you had evaluation overshoot back earlier this year when people were really reaching for yields but in the environment we are expecting we are expecting higher interest rates and those are the factors that will be sensitive to higher interest rates. liz: he has a great perspective on 2014 and we will paula of julien's ideas on facebook.com/liz claman. ubs's u.s. equity and derivative strategist, told gained at ubs we set high. closing bell 7 minutes away. record day. watch the numbers. wall street is cheering on the dow jones industrials, as in the and russell 2,000. they all have various records they are about to break.

many of the stocks are widely held which means you'll likely own some somewhere in your portfolio. you can't miss the last seven minutes, tracking your money, the markets, it matters to you, it matters to us. we do care so stay tuned. ya know, with new fedex one rate you can fill that box and pay one flat rate. iidn't know the coal thinwas real. it's very real... david rivera. riva, david.

[ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex.

and this park is the inside of yr body. see the eciapsylliumiber in metamucil actually gels to trap some carb to help maintain healthy blood sugar levels. metucil. 3 amazing benefits in 1 super fiber. became big business overnit? ♪ like, really big... then expande ♪ or their new product tanked?

♪ or not? what if they embrace new technology instead? ♪ imine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. liz: i think we need confetti. we're about to hit all-time highs. david: we're running out of confetti. we would have to throw confetti half of the year. every day we seem to get new records. today we went over 1800 on s&p. nicole petallides, there is no end to these records. i'm wondering whether traders are still confident in their

bullishness. or whether they're beginning to get a little waiverring at the top here? >> of course they know it is frothy and sitting at highs. i was talking to john corpina from meridian financial partners. look. david: nicole, yellen, santa claus rally. momentum is to the upside and they can't deny it. liz: momentum was to upside yesterday for intel and flipped over today sinking into the red, down several percentage points giving a disappointing outlook for its sales next year. >> right. that was a hit to intel because a weak forecast really trumped other news their expansion into the mobile market. you did see it under some pressure. david: all right. every day this week we've been talking about it. you know i love "hunger games." we'll see the new one on sunday. already got my tickets by the way. going on sunday. lionsgate getting another pop i assume because of the new movie? >> it sure is. we're seeing it higher today by over 3%. year-to-date it is up over 100%.

doing something right. david: wow. liz: cable stocks, got right into the cross fire today. so much talk about takeovers. surrounds time warner cable. >> record-setting day on wall street we saw time warner moving to a new high. charter is working with the banks trying to get funding to r cable. time warner working with some others. it is intertwined story. this could be a multibillion-dollar bid if it comes through. david: i hope i'm not sandbag you, ibm, but they fell short today. there were some serious problems for ibm stockholders. tell us about it. >> we've been you watching ibm closely. tech stocks are across the board. pandora moved into the green and into the red. footwear like nike and foot locker doing well. david: let me emphasize, nicole, i don't mean to jump in, stan drunkenmiller recommended shorting ibm and that really weighed on the stock, right?

>> absolutely. [closing bell ringing] david: those are the bells. it is end of the week. another mow memphis week. -- momentous week. liz: s&p blasted through the record of 1798. dow as well. you would have expected some type of a pullback after the run-up past 16,000. david: look at evenness, evenness of all these indexes. sometimes we see one outweigh the other. now it is across the board. rising tide lifts all boats. at least that is the show today. liz: time for your front page headlines. european union, yes, not just here in the u.s., reportedly set to green light a deal between microsoft and nokia. microsoft will acquire nokia's mobile phone business for $7.3 billion. this will be microsoft's biggest transaction ever and help the software giant break into the device and service industry. david: fewer americans are planning to travel this thanksgiving. counter me in on that.